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INDIGO PROMOTER SPAT
IndiGo’s chief strategy & revenue officer Sanjay Kumar, who built route network, quitsIndiGo’s chief strategy & revenue officer Sanjay Kumar has resigned from the budget airline. Kumar is a veteran of Indian aviation who was ...- IndiGo says no direction to company in arbitration award related to promoters' feudIn a regulatory filing, InterGlobe Aviation said it is in receipt of the final arbitral award, dated September 23, issued in the arbitratio...
- IndiGo says have responded to all Sebi queries on related party transactionsOn Tuesday, sources told PTI that a preliminary probe by Sebi has suggested prima-facie violations of corporate governance and listing disc...
- InterGlobe Aviation shares fall nearly 2%The stock fell 1.74 per cent to Rs 1,352.65 on the BSE.
- InterGlobe to hold shareholders meet on Jan 29The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal soug...
- Plumes of uncertainty, hopes of connectivity dot Indian aviation spaceAfter surging over 18 per cent in 2018, domestic air passenger growth sputtered to a five-year low in April 2019 before flying back into do...
- IndiGo run by board; if there’s anyone I talk to, it’s Chairman: Ronojoy DuttaRonojoy Dutta said the management is insulated from the promoters & is professionally run by the board.
- Sebi seeks clarification from IndiGo on Gangwal's latest letterGangwal has complained to Sebi against certain statements made by the chairman and CEO of the airline company Rahul Bhatia.
- SpiceJet, IndiGo fly high riding Jet closure. Will this dream-run sustain?Rivals have been taking up aircrafts that were formerly operated by Jet from its lessors.
- IndiGo row: MCA to look if issues are management dispute or companies law violationThe ministry, which is implementing the companies law, has sought information from InterGlobe Aviation - the parent of IndiGo - after Gangw...
- Aditya Ghosh wants to do an encore of IndiGo at OyoGhosh, who joined Oyo as its CEO last year, is credited for the massive success of IndiGo.
- InterGlobe Aviation shares fall nearly 5%With promoter spat intensifying, Sebi & corporate affairs ministry dig deep into allegations.
- IndiGo promoter spat: Bhatia group says Gangwal limited his financial risksInterGlobe Enterprises (IGE) Group has issued three statements in less than a week seeking to clarify issues and reject the allegations by ...
- IndiGo spat: Rahul Bhatia's group responds to Gangwal's allegations, says 'paan ki dukaan' has apparently done well"Gangwal's charges bout lack of corporate governance are much ado about nothing," InterGlobe Aviation said.
- Troubles at IndiGo could add tailwinds to SpiceJet’s growthAfter Jet Airways was grounded in April, SpiceJet has acquired most of its coveted metro routes.
- InterGlobe in a tailspin, stock loses 11%Gangwal held 37 per cent stake in the airline as of the latest filing.
- IndiGo CEO to employees: Issues between promoters have nothing to do with airline, its functioningCEO asserted that the the airline's mission, direction and growth strategy remains unchanged, and firmly in place.
- 60% of Nifty earnings growth next year to come from banking space: Hemang Jani, SharekhanPSBs is not a sector where one can take one year, two year kind of a call, says Jani
- Slowdown scenario can change from mid Q2 onwards: Yogesh Mehta, MOSLImpact of elections would be for May and April but not for June and July, says Mehta
- IndiGo to set up regional airline to tap small townsIndiGo, the country's largest airline by market share, plans to set up a regional airline for connecting small towns using 70-80 seater ATR...
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